PSE&G Announces 2025 Summer Relief Initiative PSE&G is implementing a program designed to help residential customers manage electricity costs during the summer of 2025. This initiative combines immediate financial relief with a structured repayment plan, demonstrating a commitment to both customer support and financial responsibility. PSE&G’s reliability and efficiency are underscored by numerous awards. Key details of the relief initiative include a $30 monthly credit applied to customer bills for July and August 2025. This credit will be repaid through a $10 monthly charge from September 2025 through February 2026. During this period, PSE&G will waive reconnection fees and protect customers from utility shut-offs. Beyond this specific relief initiative, PSE&G offers ongoing customer assistance programs, including LIHEAP for heating and cooling assistance, SHARES for temporary financial crises, an Equal Payment Plan for spreading costs evenly, and Deferred Payment Arrangements for past-due balances. Rising electricity costs are driven by PJM Interconnection capacity price auction results and increased summer demand—electricity usage increases significantly with higher temperatures, approximately 125% when temperatures rise from 85°F to 90°F. PSE&G will recover the initiative's costs through the repayment plan, avoiding interest charges, and anticipating minimal impact on Public Service Enterprise Group Inc. (PEG) stock. PSE&G consistently receives awards for its electric system reliability and energy efficiency programs. The company ranked #1 in customer satisfaction in the East according to J.D. Power. As a subsidiary of PSEG, PSE&G is committed to a clean energy future and is listed on the Dow Jones Sustainability Index. A disclaimer regarding forward-looking statements is included, and media inquiries can be directed to 973-430-PSEG or [email protected]. Frequently Asked Questions: What is PSE&G's Summer Relief Initiative? It's a program providing a $30 monthly credit (July-August 2025), waived reconnection fees, and shut-off protection, repaid at $10/month (September 2025 – February 2026). How will this affect PEG stock? PSE&G anticipates minimal negative impact due to the repayment plan. What other help is available? LIHEAP, SHARES, Equal Payment Plan, and Deferred Payment Arrangements. Why are electricity costs increasing? PJM capacity auction results and increased summer demand. Where can I find more information? Contact PSE&G Media Relations at 973-430-PSEG or [email protected].

The recall affects distribution centers and retail locations across the United States.

PSE&G Announces Summer Relief Program for New Jersey Customers PSE&G is introducing a new Summer Relief Initiative aimed at assisting New Jersey residential electric customers and preventing disconnections. The company is also petitioning the New Jersey Board of Public Utilities (BPU) to offer financial relief on summer electricity bills. The Summer Relief Initiative includes a moratorium effective July 1, 2025, extending to September 15, 2025. This moratorium will safeguard low-income and eligible customers from service shut-offs and waive reconnection fees. This action is a direct response to a substantial rise in electric supply prices stemming from a recent PJM capacity price auction. PSE&G has already filed with the BPU to postpone the impact of the June 1st supply price increase for residential electricity users throughout the summer. According to Kim Hanemann, president and COO, PSE&G, New Jersey requires increased power generation to address the projected energy supply and demand gap. While PSE&G isn't responsible for the 17% increase in electric rates, the company is proactively working to support customers and advance crucial solutions. The initiative aims to ease the financial strain on families and communities during peak electricity usage. Customers facing payment difficulties are urged to contact PSE&G to explore available assistance options. PSE&G will continue to cover the full cost of electricity generation to suppliers during the deferral period. Notably, adjusted for inflation, combined electric and gas bills are currently comparable to levels seen in 2008. Edison International, SCE Receive Industry Recognition

PSE&G Launches Program to Ease Summer Energy Costs for Customers Newark, NJ – Public Service Electric and Gas Company (PSE&G) has introduced a new program designed to lessen the impact of potentially increased electricity costs for homeowners this summer. The initiative, called the Summer Relief Initiative, offers financial aid to qualifying customers to assist with electricity bill payments. PSE&G developed this program in response to the growing concern about rising energy prices and their effect on family finances, aiming to prevent customers from facing difficulty maintaining their electric service. “We recognize that summer electricity bills can be a substantial expense for many households,” stated a PSE&G representative. “This program demonstrates our dedication to supporting our customers and providing access to dependable, affordable energy.” To qualify for the Summer Relief Initiative, customers must meet specific income and household size requirements. Approved applicants will receive a single credit applied directly to their accounts. Further details concerning eligibility and application instructions are accessible on the PSE&G website and through customer service. PSE&G urges customers experiencing difficulty paying their bills to reach out promptly to explore all available assistance programs and flexible payment arrangements. These options include budget billing and customized payment plans to help manage energy expenses.

Royal Ecole is one of the best CBSE schools in Seoni. We provide a world-class education to our students, nurturing their intellectual and emotional growth.

YouTube video by Billy & Me